SEC Form 4 · accession 0001127602-19-006862
MCDERMOTT INTERNATIONAL INC · MDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W. Heo
Officer — SVP, North, Centr. & South Am.
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000708819
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 14, 2019 | M | 10,416 | $0.00 | A | 52,709 | D | |
| Common Stock | Feb 14, 2019 | F | 3,089 | $7.12 | D | 49,620 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 14, 2019 | M | 10,416 | D | — | — | Common Stock | 10,416 | 20,833 | D |
Explanation of responses
- F1The restricted units were granted to the reporting person on February 14, 2018. Each restricted stock unit represents a right to receive the value of one share of MDR common stock.
- F2The restricted stock units vest in three equal annual installments beginning February 14, 2019.